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Cable Update (GBPUSD)

  • #725,441
  • Feb 1, 2023 5:20pm Feb 1, 2023 5:20pm
Quoting KareemAliFx
Ftmo challenge status, started on Friday, the goal is for the account to be 132,000 in 30 calendar days. just gotta take your time with the profit goal . Who cares if you don’t hit it in 30 days ? They give you extensions and unlimited free retries. Just be patient! {image}
Did you pass any ftmo challenge or this is your first try?
Anyway I really admire your analyst.
  • #725,442
  • Feb 1, 2023 5:20pm Feb 1, 2023 5:20pm
Quoting palpite
sell - 1.2398
Sweet entry. Little risk.
The spread, however, remains a bummer.
  • #725,443
  • Feb 1, 2023 5:26pm Feb 1, 2023 5:26pm
Quoting mmo1991
{quote} Did you pass any ftmo challenge or this is your first try? Anyway I really admire your analyst.
my dear friend mmo, I remember you and would like to extend my apologies for being absent. I know you followed my trades in the past. I had messed up trading style last quarter of 2022 and I remember I was bearish on USD. I was correct but leverage was bad so lost a funded account . I have had 8 funded ftmo accounts in total my friend !
Master your mind. Master Trading.
  • #725,444
  • Feb 1, 2023 5:30pm Feb 1, 2023 5:30pm
Dec 2020 is the only month w/out lower week on EU since 2001 and Pipwell also spoke that day. funny
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9 pips y'day
If candle is bullish, empirical distribution says that 90% of values are above 16 pips
Short 1.101

Quoting W0lfram
left POC @ 1.239. Can stay there long time, but since we are in a flat phase, high prob to reach today/tomorrow {image}
GU. 1.225 stii waiting
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Air force
  • #725,445
  • Feb 1, 2023 5:33pm Feb 1, 2023 5:33pm
Quoting KareemAliFx
{quote} my dear friend mmo, I remember you and would like to extend my apologies for being absent. I know you followed my trades in the past. I had messed up trading style last quarter of 2022 and I remember I was bearish on USD. I was correct but leverage was bad so lost a funded account . I have had 8 funded ftmo accounts in total my friend !
yep sometimes high leverage kill our account so pain..
  • #725,446
  • Feb 1, 2023 5:44pm Feb 1, 2023 5:44pm
Quoting mmo1991
{quote} yep sometimes high leverage kill our account so pain..
yes I was a fool for not managing my risk, especially since my trading style is swing and most of the time we hold positions for days to months . So with this, we must use lower lots with big stops. This is why I love FTMO, I like being able to trade lower risk but higher sized positions. I will keep posted on the challenge and my analysis.
Master your mind. Master Trading.
  • #725,447
  • Feb 1, 2023 5:45pm Feb 1, 2023 5:45pm
Quoting akhilraj49
{quote} Could you please provide the reason why it could be a long from that point
Study liquidity over and over and over again for a minimum of six months go with the understanding that when for example sell stops are hunt the market return and sell back then begin to think of it while looking at the candles individually.. .. the only indicator you need is the candlestick and time.. I only enter my trade either at the beginning of m30, h1 or h4, I will not enter a trade maybe 15 minutes later than these specific time.

Break down liquidity into single candles... liquidity is the only thing that moves the market, and news to a minimal extent.
Forget about every other thing unlearn and relearn and think liquidity only because someone must lose for you to win.

Just imagine these trade entry i put up, they are absolutely abnormal right?

Less than 5% are successful, many traders are always losing money and running back and front...

NB: As soon as you start seeing growth, i mean when you don't have to deposit any longer then you can start building on that!


I'm at the final stage of testing my model...
My telegram: https://t.me/avidforex
  • #725,448
  • Feb 1, 2023 5:54pm Feb 1, 2023 5:54pm
Quoting KareemAliFx
{quote} yes I was a fool for not managing my risk, especially since my trading style is swing and most of the time we hold positions for days to months . So with this, we must use lower lots with big stops. This is why I love FTMO, I like being able to trade lower risk but higher sized positions. I will keep posted on the challenge and my analysis.
How long do you complete ftmo challenge and get funded account?
After that we will have real account and withdraw 90% profit right??
Thank for guiding me my friend.
  • #725,449
  • Feb 1, 2023 6:08pm Feb 1, 2023 6:08pm
EURNZD short
High risk low liquidity
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My telegram: https://t.me/avidforex
  • #725,450
  • Feb 1, 2023 6:10pm Feb 1, 2023 6:10pm
Quoting mmo1991
{quote} How long do you complete ftmo challenge and get funded account? After that we will have real account and withdraw 90% profit right?? Thank for guiding me my friend.
ftmo challenge works like this. First challenge is the one I’m going through right now. I have 30 days to reach a profit target of $132,000 CAD without breaking the daily loss rule of $6000 and total loss rule of $12000. Once achieved I transition to verification phase where I have the same objectives but my profit target is slashed in half and I get an extra month to trade. After that I get the funded account which is a profit split of 80% at first. Once you can prove you consistently profit they will scale your account and give you 90% profit split. I hope this explains it.
Master your mind. Master Trading.
  • #725,451
  • Feb 1, 2023 6:18pm Feb 1, 2023 6:18pm
Today i was able to solve my limitation which has given me too many sleepless nights..
The question kept me awake because without it I won't succeed.

How do I determine the pairs that would make the most move for the day ?
My telegram: https://t.me/avidforex
  • #725,452
  • Feb 1, 2023 6:30pm Feb 1, 2023 6:30pm
Quoting BigNumbers
Today i was able to solve my limitation which has given me too many sleepless nights.. The question kept me awake because without it I won't succeed. How do I determine the pairs that would make the most move for the day ?
How you solved it??
  • #725,453
  • Feb 1, 2023 6:37pm Feb 1, 2023 6:37pm
Quoting nagarrazu
{quote} How you solved it??
GOD DID!
My telegram: https://t.me/avidforex
  • #725,454
  • Feb 1, 2023 6:57pm Feb 1, 2023 6:57pm
EUR/USD Sell Stop 1.10000
GBP/USD Sell 1.24000 (Active)
AUD/USD Sell Stop 0.71000
NZD/USD Sell Stop 0.65000
USD/CAD Buy Stop 1.33000
USD/CHF Buy Stop 0.91000
USD/JPY Buy Stop 129.000
  • #725,455
  • Feb 1, 2023 6:58pm Feb 1, 2023 6:58pm
See you tommorow! or today..
  • #725,456
  • Feb 1, 2023 7:42pm Feb 1, 2023 7:42pm
Quoting palpite
sell - 1.2398
trade closed - 1.2376
Together we can be strongest
Vantage Return This Month: na
  • #725,457
  • Feb 1, 2023 8:01pm Feb 1, 2023 8:01pm
Quoting palpite
Have a harmonic pattern bearish in EURGBP - H4. {image}
EURGBP is touching 0.89. GBPUSD can cross 1.24.
Together we can be strongest
Vantage Return This Month: na
  • #725,458
  • Feb 1, 2023 8:13pm Feb 1, 2023 8:13pm
Long anything above 1.2340
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #725,459
  • Feb 1, 2023 8:24pm Feb 1, 2023 8:24pm
Quoting ninabobo
{quote} last long position @1.232 target still the same, SL last swing *CME Fedwatch as of 07:50 ET on February 1st, 98.7% of participants expect a 25 bps hike at this meeting *The Fed will probably hike once more after this, on the 22nd of March, but that will mark the top for the policy rate *A downshift in rate hike pace and shifts in Fed communication are indicating a more data-dependent stance that will likely be seen as marginally dovish. *Coming up, we get ADP employment statistics, ISM Manufacturing reports and JOLTS job opportunities. *Additionally,...
TP 1 hit +30x3
2 more positions stay with safe stop waiting for 1.25 & 1.27
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  • #725,460
  • Edited 8:38pm Feb 1, 2023 8:27pm | Edited 8:38pm
Quoting BigNumbers
{quote} GOD DID!
Wow, that was super helpful!
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